What exactly is technology business incubation?
TBI provides fledgling tech ventures with an array of resources and services that ensures and accelerates their successful development into commercial enterprises.
These can include mentoring and coaching, VC networking, facility management, business plan development, and may be offered by both the TBI and its network of contacts.
AyalaTBI has four technology business incubators (TBIs) in Luzon and the Visayas.
The Industry-Academe Collaboration
AyalaTBI believes that collaboration with academic and research institutions is crucial to the success of our facilities. The link between science expertise and economic development is recognized by most governments, and for some time now, world-class universities have been setting up S & T parks adjacent to their campuses.
This is why our TBIs are located at the Diliman and Cebu campuses of the University of the Philippines, the national university and the leading research university in the country, and the Asian Institute of Management, the leading business and management school in the Asian region.
We have been managing this incubating facility at the south side of the UP Science and Technology Park for the past five years and is currently incubating nine technology startups. In 2006, these “technopreneurs” generated a combined gross revenue of PhP 57 million from domestic and foreign markets and directly employed a total of 162 highly skilled staff of engineers and programmers and a number of students on immersion and on-the-job training.
Located within the sprawling S&T park developed by Ayala Land and UP, TechnoHub-AyalalaTBI is expected to set the standard for all future science and technology parks in the country, and to be comparable to the S & T parks affiliated with the leading research universities abroad, such as the Tsukuba Science City at University of Tsukuba; the Singapore Science Park at the National University of Singapore; Haidan Science Park at the University of Beijing; Silicon Valley at Stanford University in Palo Alto, California; and Route 128 at the Massachusetts Institute of Technology.
This facility is perfect for those who wish to locate their startup companies in Makati, the country’s financial center, and within the compound of the Asian Institute of Management. AIM is the first school in Southeast Asia to receive the European Quality Label, an accreditation that ensures its membership in the European Foundation for Management Development, and it is also the first graduate school of management in the world to be awarded ISO 14001 Certification for our Environmental Management System.
AyalaTBI selected the Cebu campus of the University of the Philippines Visaya as the location of its first facility outside Luzon. Cebu is one of the most developed provinces in the country and the main center of commerce, trade, education, and industry in the central and southern parts of the archipelago. UPV Cebu is the country’s acknowledged leader in education and research on marine science, fisheries, and aquaculture.